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The State of Chiapas, Mexico, decided to fund a program for improving reading skills in elementary school students. The first cost is $250,000 now and
The State of Chiapas, Mexico, decided to fund a program for improving reading skills in elementary school students. The first cost is $250,000 now and an update amount of $150,000 every 8 years forever. Determine the perpetual equivalent annual costat an interest rate of 10% per year. The perpetual equivalent annual cost is determined to be -$ |
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Modern Auditing
Authors: William C Boynton, Raymond N Johnson
8th Edition
0471230111, 978-0471230113
